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  1. Pension calculator. Pick your finish line by exploring how much your pension will be on different dates. Bridge benefit calculator. Get a rough idea of how much your bridge benefit currently is. Buyback cost estimate. Get a rough idea of how much it'll cost to pay for a leave. Buyback detailed cost.

  2. OSSTF/FEESO represents the interests of approximately 40,000 contributors to the OTPP through the member plan sponsor, the Ontario Teachers’ Federation. OTPP’s online pension database permits you to view your personal pension information and estimate your future pension.

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    • What Is A Pension Plan?
    • Why Is It Important to Contribute?
    • Keep in Mind That
    • What Kind of A Pension Plan Is The Ontario Teachers’ Pension Plan (Otpp)?
    • Who Are The Members of The Ontario Teachers’ Pension Plan (Otpp)?
    • What Is Special About The Ontario Teachers’ Pension Plan (Otpp)?
    • What Is The Ontario Teachers’ Pension Plan Board (Otppb)?
    • What Is The Partners’ Committee?
    • What Does The Partners’ Committee do?
    • What Is The OTF Pension Committee?

    A pension plan is a program by which you can save money while you are working so you will have funds to live on when you retire. Back to the top

    Contributions to a pension plan have several advantages: 1. the earlier you start contributing, the longer you have to build up adequate savings for retirement; 2. contributions to a registered pension plan are tax deductible – you pay income tax when you receive your pension, presumably when your overall income is lower; and 3. investment earnings...

    you usually don’t get the money back until you retire;
    in a group pension, all contributions are pooled and invested together; and
    this pool of money, plus investment earnings, is called the pension fund.

    The OTPP is a defined benefit pension plan. This means that your pension is based on a formula: 2% X your years of service X your best five years’ average salary. Back to the top

    Membership in the OTPP is mandatory for all teaching certificate holders working in publicly funded schools in Ontario, including teachers, vice-principals, principals, and supervisory officers working for school boards. Other members of the OTPP include teachers on secondments, teachers working on Federation staff, teachers working in other design...

    The OTPP is an equal partnership between the Ontario Teachers’ Federation (OTF) and the Government of Ontario. Before 1989, the Teachers’ Superannuation Fund was entirely under the control of the Ontario Government. In 1989, the OTPP was created and, in 1991, a partnership was formed between OTF and the Government. The terms of the partnership prov...

    The OTPPB is the administrative organization that manages the Ontario Teachers’ Pension Plan (OTPP) and its investments on a daily basis. The OTPPB determines the investment strategy for the pension fund. The OTPPB is headed by a Chief Executive Officer who reports to the Board of Directors of the OTPPB. Back to the top

    The Partners’ Committee is the means by which the Partners – OTF and the Government – typically meet to fulfill their responsibilities to the Ontario Teachers’ Pension Plan (OTPP). Each Partner appoints three representatives to the Partners’ Committee. The teachers’ representatives are officers of OTF – the President, the Past President and the Fir...

    The role of the Partners’ Committee typically includes 1. designing the plan structure, 2. setting the benefits of the plan, 3. developing new policy, 4. deciding the contribution rate, 5. making changes to the plan or the Partners’ Agreement, and 6. deciding when valuations will be filed with the appropriate authority. Back to the top

    The OTF Pension Committee is comprised of staff officers. OTF and its four affiliates – AEFO, ETFO, OECTA and OSSTF – each name a representative to the committee. The Retired Teachers of Ontario (RTO) also has a representative on the OTF Pension Committee. Back to the top

  4. THE BASICS. Obtain information on the nuts and bolts of the Ontario TeachersPension Plan. CONTRIBUTIONS. Retrieve essential information on pension contributions. FUNDING ARCHIVE. Get historical funding information: Valuation decisions, member funding announcements, and past discount rate reviews.

  5. This workshop will introduce Teacher Candidates to the Ontario TeachersPension Plan (OTPP) and how it operates. Several topics will be covered including qualifying years vs credited years, commuted value, conditional indexation, and pension buybacks when on leave.

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